New Oriental Stock Technical Analysis

EDU
 Stock
  

USD 25.25  0.23  0.92%   

As of the 14th of August 2022, New Oriental secures the Mean Deviation of 4.98, risk adjusted performance of 0.3129, and Downside Deviation of 5.43. New Oriental Education technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for New Oriental, which can be compared to its peers in the industry. Please verify New Oriental Education information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if New Oriental Education is priced some-what accurately, providing market reflects its recent price of 25.25 per share. Given that New Oriental Education has jensen alpha of 1.59, we recommend you to check New Oriental's last-minute market performance to make sure the company can sustain itself at a future point.
  

New Oriental Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New Oriental, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to New Oriental
New Oriental's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

New Oriental Analyst Consensus

Target PriceAdvice# of Analysts
4.36Hold5Odds
New Oriental Education current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most New Oriental analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand New Oriental stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of New Oriental Education, talking to its executives and customers, or listening to New Oriental conference calls.
New Oriental Analyst Advice Details
New Oriental technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of New Oriental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Oriental trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

New Oriental Education Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was sixty with a total number of output elements of one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of New Oriental Education volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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New Oriental Education Trend Analysis

Use this graph to draw trend lines for New Oriental Education. You can use it to identify possible trend reversals for New Oriental as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual New Oriental price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

New Oriental Best Fit Change Line

The following chart estimates an ordinary least squares regression model for New Oriental Education applied against its price change over selected period. The best fit line has a slop of   0.27  , which may imply that New Oriental Education will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2685.61, which is the sum of squared deviations for the predicted New Oriental price change compared to its average price change.

About New Oriental Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of New Oriental Education on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of New Oriental Education based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New Oriental Education stock first instead of the macroeconomic environment surrounding New Oriental Education. By analyzing New Oriental's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of New Oriental's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to New Oriental specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Book Value per Share17.2529.8621.8418.89
Asset Turnover0.560.470.380.48

New Oriental August 14, 2022 Technical Indicators

Most technical analysis of New Oriental help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for New Oriental from various momentum indicators to cycle indicators. When you analyze New Oriental charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

New Oriental August 14, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as New Oriental stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Investing Opportunities. Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for New Oriental Stock analysis

When running New Oriental Education price analysis, check to measure New Oriental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.
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Is New Oriental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Oriental. If investors know New Oriental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Oriental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.031
Market Capitalization
4.3 B
Quarterly Revenue Growth YOY
-0.57
Return On Assets
-0.0759
Return On Equity
-0.28
The market value of New Oriental Education is measured differently than its book value, which is the value of New Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Oriental's market value can be influenced by many factors that don't directly affect New Oriental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine New Oriental value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.